Fisher Asset Management Boosts ConocoPhillips Stake

Investment firm adds 260,091 shares to its position in the energy producer

Published on Mar. 2, 2026

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Fisher Asset Management LLC increased its stake in ConocoPhillips (NYSE: COP) by 1.8% during the third quarter, according to a recent 13F filing. The firm now owns 14,653,966 shares of the energy producer's stock, worth approximately $1.39 billion as of the latest filing.

Why it matters

The move by Fisher Asset Management, one of the largest institutional investors in ConocoPhillips, suggests continued confidence in the energy company's outlook and performance. As a major shareholder, Fisher's investment decisions can influence market sentiment around the stock.

The details

Fisher Asset Management purchased an additional 260,091 shares of ConocoPhillips during the third quarter, bringing its total position to approximately 1.17% of the company's outstanding shares. The investment firm is one of the largest institutional holders of ConocoPhillips stock.

  • Fisher Asset Management filed its 13F report for the third quarter on 2026-03-02.

The players

Fisher Asset Management LLC

An investment management firm that owns a significant stake in ConocoPhillips.

ConocoPhillips

A Houston-based international energy company focused on exploration and production of oil and natural gas.

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The takeaway

Fisher Asset Management's increased investment in ConocoPhillips underscores the firm's confidence in the energy company's long-term prospects, even as the industry faces ongoing challenges. This move could signal positive sentiment among other institutional investors as well.